Looking into options at second hand 998, in Europe right now and have a few questions for anyone who can help. When I searched it appears that you are not subject to VAT unless vehicle is new. From what I see new is regarded as less than 6 months old OR less than 6000 kilometers. I'm trying to find out if that's true or if its 6 months AND less than 6000 kilometers. Certificate of Conformity anybody know if Ducati can supply if the original is lost/misplaced. John
Cheers El T I will try I just didn't have a clue which way to go. Probably have a word with my local dealer as he is not too far away then Go down your suggested route if no joy John
HMRC website uses the 'OR' word - fairly clear, id say. Or 'true'. But for confirmation, why not phone them, they are after all the definitive body, as they are the ones you will be paying , or not! My opinion is above, but i wont be on your legal team, if my opinion is wrong! HM Revenue & Customs: How VAT applies if you import or export a personal vehicle edited to add, read the bit lower down in that linky thing re second hand vehicles... a call to HMRC is even more compelling i think.
Yeah I see that, I'll try a call The only thing that worries me with a call line is if they say "yeah it's fine" Then when you have done the deed with the bike at your home and they then say "Give us the dosh"..............No comeback whatsoever I agree its not looking good but it's just such a bloody silly rule. I mean I can understand why 1 or 2 thousand Kliks but 6???? The other thing is VAT will already have been paid in member country at source. Bloody bureaucrats John
Right off the phone to HMRC I need to pay VAT either in EU country where the bike is or here. Apparently its still regarded as new because of the mileage but that only applies to vehicles getting transferred between countries. So unless you clock on past 6k kilometers you need to pay VAT every time the vehicle is exported/imported moved between countries. I'm unsure if at what rate it would be applied the sale price or the new unit price Ducati wanted for the bike when new. Probably the former but at 20% that is a fair old wodge to hand to George :Greedy: In the UK obviously no VAT is applied, even if its being sold with a mile on the clock. So it looks like that deal is O F F which is a dammed shame. You couldnae make it up could you.:Banghead: John
Seeing as we are in the United States of Europe it should be free, but knowing our government they'll want to bend you over and smash your back doors in! Sorry I'm no more help.
I've just imported a bike/re-registered it in the uk. It's a bloody mine field to be honest, I would however do it again. The story behind my bike was it was first registered in the uk, permanently exported (but didn't stay out the country for more than 12months) then brought back. I then brought it from a dealer in the uk. The Milage was 3237 miles. With no documents, I then had to report to hmrc and log it on there NOVA system, not vat was needing to be paid, however I did get a fine for £500+ for not notifying them within the 14 days...I did get this revoked though as had only been in ownership for 5 days. I then had to fill out a v5c/5 form or something...with that I included Id, bill of sale, mot, cheque for tax and insurance. 2 weeks later I got the v5. Fairly easy if you speak to the right people, and somehow managed to avoid paying the vat! The 988 you speak of doesn't happen to be the FE on eBay in Lithuania does it?
I used to sell a lot of bikes to a guy in Germany. He would give me a spec and would find the bikes here, then sell to him once a month when he drive over. He wouldn't however buy a bike off me with less than 4k miles as he would get stung for the vat when registering them over there.
You can get a certificate of conformity though the bike version of a sva test,similar as what you do with registering a kit car.
Listen thanks all very much, its all very much appreciated Yup its the Lithuanian bike, talking to the guy on and off for a while. I'm in the market for a low miles 998S FE and they are not rare but their not bloody common either. I'm still talking to him and he was also talking about an alteration to the speedo. Now given I have had dealings with HMRC in the past (I used to travel a lot and had to hand carry a lot of very expensive instrumentation in and out the country). I know they are scary, scary people and I will not mess with them, I'm too old for prison food. I'm going to call tomorrow to see what the situation is if the bike is taken over the statutory limit and how it would be viewed by them. So it may still be on. Fingers crossed, oh and never been to Lithuania either so that might be an interesting jaunt out. John
Oh, be careful it's a euro spec'd FE..as think the US and Rest of the world versions didn't have the deep sump. Could be an import??
Tommy I'll check it out. He has already posted up the registration document in E-Bay but its bloody murder trying to read it. Once I get the VIN then I can check it out with Ducati about what actual engine its got. Thanks for the alert though that is appreciated I never realized some versions of FE were deep sumped and others not. John
For added authenticity, I've got a spare KM clock with around 27k on it. You're welcome to borrow it if it helps. However, the original owner paid the VAT in his home country so that should be OK (I think?)
If anybody is really proposing to falsify mileage on a bike in order to defraud HMRC out of thousands of pounds of tax, may I suggest they engage the services of a good lawyer before going any further. And avoid discussing the details of what they are up to on a public forum.
So back onto HMRC today, this time I got the WRONG info they were telling me that it was either 6 months or 6000 kilometers. Fortunately she also gave me the Notice number which is what they use, and it clearly states its both that have to apply. I am no further forward and banging my head of the proverbial brick wall Here is a link to the notice Sections 1 through to 3 pretty much tell you what you need to know about importing and when VAT is due HM Revenue & Customs John
Pete I thought I had made my position on that clear. I have already called them twice and I'm sure all these details are logged and the calls recorded. The only thing I was trying to get some clarification on was if legitimate mileage was put on the bike in a short time to take it over the allotted limit. Would that be regarded as avoidance or a reasonable action? If it was even frowned upon, the deal would be off. I might not be that bright but I'm not totally devoid of the ravages of intelligence. John
